About

Provided by DSK Legal

Restructuring and Insolvency practice requires a strong advisory team with equally strong litigation team as the insolvency resolution process is under the aegis of the National Company Law Tribunal. DSK Legal fares significantly well in this with strong presence in both Mumbai and Delhi. The advisory team is engaged in providing strategy level advice in connection with the options available to the various stakeholders (creditors/ debtors/ shareholders/ promoters) in connection with any default situation. The team has vast experience on dealing with the rectification of the account of the corporate debtor vide contractual arrangement, restructuring of the corporate debtor (vide the formal route i.e. the court process and the informal route i.e. contractual framework), recovery and enforcement of the security for the benefit of the secured creditor, insolvency resolution process and liquidation of the corporate debtor.

The advisory and the litigation team work in close coordination to achieve the objectives of the stakeholder. The advisory team is involved in drawing up a roadmap arising out of the default situation for relevant stakeholders and the litigation team steps into the matter in connection with enforcing the strategy in court, judicial tribunal and arbitral tribunal.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - India

3
Band 3

What the Team is Known For

DSK Legal has a robust restructuring law practice in India, often acting for resolution professionals and liquidators and representing clients before the NCLT. Its restructuring team also advises on the drafting of resolution plans for distressed companies. The team is well versed in initiating insolvency proceedings on behalf of public banking institutions. The firm handles mandates relating to a range of industries, with particular expertise in infrastructure, steel and energy.

Work Highlights

Provided by DSK Legal

  • DSK Legal assisted Chettinad Group in connection with the drafting, preparation and submission of a resolution plan in the CIRP of GBJ Hotels.

Strengths

Provided by Chambers

Members

Provided by DSK Legal

Ajay Shaw

Ashish Pahariya

Niraj Kumar

Samir Malik

Clients

Provided by DSK Legal

Aditya Birla Finance Limited

Anirudh Agro Farms Limited

Asset Reconstruction Company of India Limited (ARCIL)

Assets Care & Reconstruction Enterprise Limited (“ACRE”)

BDO Restructuring LLP

Bank of India (BOI)

Edelweiss Asset Reconstruction Company Limited (EARC)

HDFC

ICICI Prudential

IDBI Bank

IL&FS Financial Services Limited (“IFIN”)

IL&FS Services Ltd.

KPMG

MTC Business Private Limited

Mr. A.S. Choudhary and Ors.

Mr. Manoj Kumar Agarwal, RP for DSKDL

Mr. Sundaresh Bhat, RP for JBF Petrochemicals Limited

Mr. Sutanu Sinha, Liquidator for IVRCL Limited

PWC

Phoenix ARC Private Limited

Rajgreen Amusement Park Private Limited (“RAPPL”)

Six Sigma Investments Fund (“RA”)

State Bank of India (SBI)

Steel Strips Wheels Limited

UPL Limited